Major Infrastructure Australia reform
Major reform has been slated for the Federal Government’s infrastructure statutory advisory body, Infrastructure Australia (IA), after an additional $36 million injection was announced in the Federal Budget.
A new Statement of Expectations will be issued to clarify IA’s role with an aim to achieve greater levels of transparency in the organisation.
A National Infrastructure Construction Schedule will be established to provide information on major infrastructure construction across all levels of government and help build the national pipeline.
The extra funding will allow IA to expand its work to include providing independent policy advice on national infrastructure reform such as the National Port and Freight Strategies, while working with governments and the private sector to develop a deeper ‘pipeline’ of priority infrastructure projects in the Australian market.